XINHUA The economy of Latin America and the Caribbean will grow by only 2.1 percent in 2022, representing a slowdown compared to 6.2 percent in 2021, the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) reported last week. According to the commission’s projections released on Wednesday, Jan. 12, the economy of the Caribbean region will grow 6.1
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By KELIN DILLON Mexico’s private business sector has accused Mexican President Andrés Manuel López Obrador’s (AMLO) proposed reform to the nation’s electric industry of being an “indirect expropriation” of investments made by private companies. The proposed law would allow Mexico’s state-owned Federal Electricity Commission (CFE) to gain preference over private energy plants to upload their production to the grid, limiting
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XINHUA Latin America and the Caribbean’s foreign trade in 2020 registered its worst performance since the 2008 global financial crisis, mainly due to the covid-19 pandemic and its impact on economies, the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) said on Friday, Jan. 22. In its newly released annual report, International Trade Outlook for Latin America
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XINHUA There’s no denying that 2019 was a turbulent one for Latin America, with protests, violent clashes and a fierce tug of war between conservative and progressive currents in countries long considered bastions of stability. But as the region staggers into 2020 with stagnant or even shrinking growth, many liberal observers are hoping that the first year of this new
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